Skip to main content

About your Search

20120901
20120930
SHOW
STATION
LANGUAGE
Search Results 0 to 17 of about 18
CNBC
Sep 13, 2012 6:00am EDT
building bridges between the united states and the arab and muslim world, particularly libya. and i think this is going to sour a lot of americans about the future trajectory of the middle east, about the direction in which the arab spring is headed. and i think particularly this is tragic for syrians. syrians who are now under siege or around 20,000 syrians have been killed by the regime of assad and i think many syrians were hoping for an outside intervention or outside aid to provide some type of save zones. and i think the reality is that after the united states and nato had gone into libya it oust gadhafi, i think there will be far less appetite to want on do anything in syria. >> probably also raises huge questions about money from america that is going to fund some of these governments particularly in egypt where it's $1.5 billion plus another billion that was being put together in a package right now. how do you think that plays out in congress at this point? >> that's absolutely right. egypt is a country which has i think the second or third largest aid package from the uni
CNBC
Sep 18, 2012 6:00am EDT
europe where they long ago, tocqueville tried to convince the united states and the way things are done here and loved the way we did things here. and tried to write about it and talk about how when -- i have a chart to show that you we really have only gotten up to the 49% number in recent years. if we have that-wil -- here's t chart. you go back to 1962. and i think it was in the teens the number of people that paid no federal income tax. and it slowly steadily has been rising until 2009 where we're at 49.5%. so even in 1970, it was 12%. and we point out that payroll taxes, they pay sales taxes, i don't know whether they pay state income tax. >> those people paying 15.3% in social security taxes, i think it's a problem and this lays out the problems with our tax code. because if you're paying 15.3%, are you paying more than the 13.9% that romney pays. and i don't fault mitt roy in that for paying 13.9% and i don't pay the 49.5% who isn't paying either. it's a problem with our tax code. >> bring up -- i had a wiki description. this man came over here in the mid 19th century and looked
CNBC
Sep 14, 2012 6:00am EDT
in the united states, is that a good decision on his part? >> it's not my habit to comment on decisions of the sister institutions. i would only say that it demonstrates, also, that when you look at the advanced economy through the grade of the central banking, you see that we are all engaged in nonstandard measures. >> how worried are you about the fiscal cliff in the united states is this. >> i think it is part of course of the major issue that in the advanced world you have to cope with. >> but if it happens, does it bring on another recession in the united states? >> i'm sure that the u.s. leadership, whatever you have in the president discussion of course between the two major sensitivities, but a sense of the saw peer kror interests of the country will prevail. i'm absolutely confident in that. i don't trust that it is possible that the sense of the superior interests of the united states of america and by way of consequence of the entire of course advanced economy and by way of consequence the entire world. so i remain confident. >> and you have lot more faith in politi
CNBC
Sep 20, 2012 6:00am EDT
and when. >> the united states has not had a current the account surplus since 1991. if we were on the gold standard, we just might not have anymore gold left. >> didn't we pass that so long ago? >> the dollar is not a weak currency. the dollar probably needs to be weaker in order to be more competitive, but you can't say that about every currency in the world. certainly in japan the currency has gotten too strong and you now they have the additional problems because of all of the riots going on, the conflict in china over these islands. and that's going to hurt japan again. so japan needs more than just a currency fix. the united states i think you can argue the currency is overvalued in a more fundamental way, but japan has lots of problems. >> do you play currencies? good >> only through companies listed in the u.s. we're not hedging. >> not hedges because -- >> because if we knew where currencies have gone, you'd be the smartest person around. the euro goes to 1.30 -- so it's hard. you have to get fundamentals right and then currency will take care of it. >> what's the differen
CNBC
Sep 12, 2012 6:00am EDT
says he's been interviewed investors from the united states like crazy because the banks here have finally started to price those assets at prices that will finally clear the market. >> this is getting crazy. >> really? >> yeah, totally. >> crazy? >> yeah, it's getting crazy. over the past six months, we've been valuing more than 670 assets which is something we're not used to. >> valuing assets. he's had investors come in at look at 270,000 assets. he says austin, colorado, boston, and new york have been in, and then he's flying to new york today to talk to more investing groups who are specializing in distressed assets because if you want distressed assets, this is the country to be in. >> when you look around there -- when i was in italy, i saw a couple posters that said send monte to the beach, but other than that, it was business as usual. i don't think a single person knew that their bond yields were approaching 7%. no one knew anything. can you feel 25%, 28% unemployment? do you see people carrying money around as they're leaving the country to try and get out? is there any
CNBC
Sep 19, 2012 6:00am EDT
the united states and europe. >> and china? >> let's talk about the u.s. in almost every business, there are pockets of real success. let's take, for example, the enormous burst in rental housing. the command for rental housing is incredible. so we're in the home supply business. we do cabinet doors, home depot, supply, we do vanities and things like that. we sell vanity kits as fast as you possibly make to landlocked and multifamily housing who put these things in. we charge $500, they increase the rent $100 a month, the pay back is in months, and the game is on. people are renovating rental places and motels and hotels because they're occupied. three years ago they were taking a room in a motel, tearing it apart, bringing the fixture over and fixing the other room that was leaking. now they're renovating those things. so the home rental idea is moving strongly. you take the marcellus fields, we can't get pipe up there fast enough. we can't get pre-fab buildings up there fast enough. i mean, i'm not talking marcellus, i'm talking north dakota in the basin. there are pockets every
CNBC
Sep 7, 2012 6:00am EDT
couple of years here in the united states, no matter who's in charge. others think we're headed well down from here. how do you see it? how are you kind of playing this out? >> i really see that the u.s. has one of the most dynamic economies. a lot of entrepreneurs that can always figure out where else to take their companies. and i think this is -- we have seen that in shell gas, where shell gas went from nowhere to 50, 60, now 80 billion cubic meters of annual production. it's unbelievable. and i think this is something that, you know, we do believe in the u.s. economy in the fact that, you know, u.s. cooperations will always come up with new ways of satisfying that demand. >> andrei, thank you. >> thank you. >>> coming up, the jobs report could become a political football on the campaign trail. new england patriot president jonathan kraft will join us with a unique indicator. first, what happens when you send a conservative free market economist to the dnc with a microphone? peter shift found out and he'll join us live at 6:50 a.m. here's a little preview of that. >> how abou
CNBC
Sep 5, 2012 6:00am EDT
united states. 180 million people watch it every year, it creates so many jobs. it's wonderful for the economy but what's wonderful for pepsico is you can't watch a gave in the man cave without door itos. when you watch the game you need a pepsi to keep you hydrated. on the sideline you need gatorade to fuel the athletes so we're a complete company that takes football and activates it in ways that is just sprar. that's what makes it partnership between pepsico and the nfl so special and what makes the kickoff today so, sighting for all of us at pepsico. >> we've had a lot of conversations about big gulps and mayor bloomberg and a nanny state. once the government is responsible for. >>'s health care, that's when you think it's a good idea to start taxing this evenings like that. >> the guy from cleveland clinic, fully on board. do he said you tax cigarettes. >> i say start off with positive intent. we have to assume positive intend. i'm going to start off saying mayor bloomberg means well. he wants to address the issues of society. if you want to address the issue of obesity, let's trul
CNBC
Sep 28, 2012 6:00am EDT
kangchui, and it trades in the united states. maybe you do own them. >> do you know who has heard of them? >> who? >> jim cramer. >> the deal is worth approximately $35.75 a share. i don't know what type of medical devices they make. you know, i like a lot of things. i don't mind seeing toys made in china, that's fine, that's good. my defibrillator, maybe not. >> there are problems with defibrillators made here. >> that's true. my 737, no. >> no? >> you fly around on chinese airplanes? >> the iphone. the iphone doesn't crash. >> chinese car if you lock your keys in them, you get a can opener and you can easily break into your car like a lunar landing module, you put your elbow right through it if you -- >> what do you want me to say? >> that amazon is planning an online marketplace? >> amazon is planning an online market place for wine sales, the second attempt to sell wines to consumers after a partner problem forced them to end the first one three years ago. they held a workshop in napa this week with members of the napa valley vintners association. they are planning to charge wine
CNBC
Sep 11, 2012 6:00am EDT
to improve the perception of banking, which is at a 40-year low in the united states, and so many people who died were in the financial industry. i knew several and so i think our actions can be driven by the shareholders and if it's not driven by the shareholders, then it will be driven by the regular gla glators and part of the action is encourage the large banks to spin off certain underperforming divisions so the valuation could increase and right now the sum of the parts for many of these banks are far above where these market values exist. >> okay, mike. we appreciate that sentiment and the point. back to jamie dimon for a second and this idea of splitting up the banks. you raised this issue with him. what was his answer? >> he didn't say never, and the debate with jamie dimon got heated last thursday when i met with him, he's ceo of jpmorgan as you know, and he said if the discount is 50% and the businesses are no worse off, then he'd consider it, even jamie dimon would consider a splitup. he said it's extremely unlikely, they have all sorts of synergies and they don't see
CNBC
Sep 6, 2012 6:00am EDT
us, i guess. we're still the world's largest economy in the united states. i would imagine if in three to ten years the financial system were to collapse because of the overprinting of money, i would imagine we would have a lot to do with that as the biggest players in all of this. does that mean that you are pessimistic about the united states' ability to come to grips with its unfunded liabilities and entitlements? is that what's going to cause this, we're not going to fix these? >> i'm very concerned that regardless of who will be in the white house next year, the republicans or the democrats, the fiscal deficit will stay above a trillion dollars as far as the eye can see. and that more money printing is on the way, qe 3, qe 4, so on. but you understand i want to clarify one point, i am bearish about the financial system and i think eventually it will collapse, but if you think it through, what is better to own in a systemic crisis, cash with the banks, treasury bills, or real estate in the u.s., or equities? i think that real estate in the u.s., i'm not talking about west 15
CNBC
Sep 27, 2012 6:00am EDT
stake in and it's tesla here in the united states. they're coming out and saying that they're developing plans, they'll have to slow things down, not going as quickly as originally thought. any concerns about the demand in the future for the electric car given your investment in tesla? >> i think the oem is never in a hype mode as some of the media was as far as electric cars are concerned. this transition will happen. it's a long transition. we're very very beginning. we'll see customers, but of course so far it's a niche and will take time to develop. we will continue to pioneer this market and in 10 or 20 year, electric cars will play a significant role. >> doctor, thank you for joining us live from the paris auto show. joe, becky, andrew, it does not lk like there's a bottom. we're hearing from ceos and they are not seeing a bottom yet. are you looking out at 2015, 2016 before the auto industry can say, okay, at least we see a base here. >> bad news add to go a pile of bad news we've heard recently. phil, thank you very much. and we do want to have you back here soon to ta
CNBC
Sep 24, 2012 6:00am EDT
park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ >>> "squawk box" keeping our eyes on the prize, its eight a "squawk" oil summit. the smartest minds in the industry. >>> safeguardi
CNBC
Sep 26, 2012 6:00am EDT
the united states look a little better after what was a pretty lousy day yesterday. i think it was the worst day for dow in the entire month of december. it was the worst day for the nasdaq in two months and it was the worst day for the s&p in throe months. oil prices continued to push lower and they do once again this morning. they're down another 64 cents to $90 and change. that's been the one bright spot that's been helping out things like the transports, but again, yesterday, every single one of these sectors is down. yesterday we saw a dip below 1.7%. let's call up the dollar board right now. you'll see what happened with these. dollar is a little stronger against the euro, but that's not saying a whole lot. 1.2865. we're also taking a look at the yen. never mind, i lost it there. gold prices are barely budging, 17.66. >> plasser said something yesterday -- >> he said it's not going to help. >> he said he didn't agree with it, it's not going to help and it's going to be hard to get out. >> right. raise the risks. >> just the idea that maybe it wasn't unanimous, would it cause
CNBC
Sep 10, 2012 6:00am EDT
basically mandated with the task of a medium to long-term sort of united states of europe kind of plan which involves fiscal, more fiscal union and political union and most interestingly i detect more and more some sort of thoughts about more parliamentary responsibility, so therefore a bit more accountability and democracy so he knew all of that before he said what he said six weeks ago and he certainly knew that he'd gotten merkel behind him in my view. >> george soros has an op. ed piece, he says germany needs to lead or leave and if a germany were to leave, the euro would depreciate, the debt burden remain the same in nominal terms and debtor companies would regain their competitiveness and the value of their real estate would also appreciate in nominal terms. do you buy that? >> i can't resist in teasing him a bit. he must be dabbling around in mantis united shares going to his head. without germany there is no euro. the idea germany leaves and the rest carry on is a non-starter. i don't understand why someone like george is saying that. >> i want to see his book, whenever he says
CNBC
Sep 17, 2012 6:00am EDT
opportunity and fairness in the united states. it's just when that breaks down and you don't think it's fair. and you know what else plays into it? is corporate cronyism and the kablt ability to succeed but not to fail. we talk about these things in a perfect world. and it's not perfect. and that's when we get things that need to be rectified and people feel like they're getting screwed, basically. >> no, there's a feeling, and the feeling is enhanced in a downturn, a bubbly economy is when people feel better. i have to add these problems may seem, you know, to be challenges for us. they're big challenges in other places. >> worse than here. >> oh, yeah. india has had momentum stall and a loss of investor confidence from some really dumb stuff. >> you think we can get our mojo back, mike? >> oh, yeah. >> you do? >> yeah, i think so. partly because there's so many parts of the economy on the private sector side that are dynamic and functioning fine. i think people will get motivated and get back in the game. the real question marks frankly on our side are, you know, whether our governmen
CNBC
Sep 21, 2012 6:00am EDT
covered was the possibility of a significant downturn in the united states economy. >> so if you have a downturn, there's a possibility that you don't have that right mix and that you could have a downturn. the odds of that are comparatively low but i worry about it because it's significant possibility. i described it as though, imagine you're on an airplane that's flying from here to los angeles, you're probably going to get there okay but if you hit an air pocket and meaning if the economy goes down, there's not an easy way to reverse it. monetary policy is less effective because when you buy a bond, when the federal reserve makes a purchase, that has the effect of giving money to somebody who won't put that money into something like that bond. and that money does not easily go to people who spend it, that's a balance between monetary and fiscal policy and i worry about the policymakers getting that balance right. that's a possibility and a scary possibility. other than that, i think the most likely situation is we will fly successfully from here to los angeles essentially but we have
CNBC
Sep 4, 2012 6:00am EDT
netherlands which make up 45% of the budget. >>> back in the united states, the new york attorney general is investigating whether private equity firms have abused tax strategy in order to cut hundreds of millions from their tax bills. eric schneiderman wants documents that reveal whether they converted certain fgt fees into investments which are taxed at a lower rate than ordinary xhk. economy. schneiderman is looking to see if he's trying to embarrass bain. andrew, right now, i'll send it over to you. >> fascinating story. hope we talk about that in a little bit. corporate headlines this morning. valiant pharmaceuticals is buying metacis for $24 a share. a 39% premium. the deal boosting valiant skin care offering and adds botox to it's portfolio. oracle is launching an appeal on five-year long court case against s.a.p. last month they agreed to pay oracle $306 million over copyright infringement allegations. great to be back. what do you think, a little right here in. >> i've never heard of disport? >> botox? >> you're not who i'm worried about. it's clear by saying you might ne
Search Results 0 to 17 of about 18